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Athens Macedonian News Agency: News in English, 13-07-18

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Finance Ministry speeds up procedures for VAT return to enterprises

  • [01] Finance Ministry speeds up procedures for VAT return to enterprises

    ANA-MPA -- Greece's Finance Ministry is speeding up procedures for a timely VAT return to enterprises within deadlines set by the country's legislation.

    In a circular to tax offices, the ministry urged all tax agencies to immediately process all VAT return applications within 120 days and warned that from September all applications with a waiting time of more than 90 days should be processed with priority, otherwise the state will be obliged to pay overdue interest.

    "The appearance of significant delays does not support the credibility of the state towards enterprises," the Finance Ministry said in its circular.

    Enterprises and the troika are pressing Greek authorities to speed up payment of VAT returns to the private sector in an effort to boost liquidity in the market.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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